JPMorgan Chase
JPMorgan Chase

Trading Services Specialist Loan Documentation - Vice President

RoleProject Management
LevelExecutive
LocationLondon, United Kingdom
WorkOn-site
TypeFull-time
Posted6 months ago
Apply now

About the role

Join a team that supports your career growth, advancement and expanding opportunities! At JPMorgan Chase we take pride in valuing our employees’ individualities, while supporting an inclusive culture of teamwork.

  • As an Trading Services Specialist Loan Documentation
  • Vice President within the Loan Trading Documentation team, you will be responsible for secondary trade closing support for products including loans, claims, equity, bonds and other non-standard assets. Wholesale Loan Middle Office is a part of Wholesale Lending Services that primarily supports the European Credit Trading, and Syndicated Leverage Finance businesses within the Corporate and Investment Bank.

Job responsibilities

  • Stay updated with knowledge of LMA Standard Terms & Conditions and other industry standards, to draft, second-check work and execute trading documentation (and other ad hoc documentation) on behalf of JPMorgan Chase
  • Work with front office traders and sales coverage, clients, counsel and operations to settle secondary loans, claims, equity, bonds and other non-standard asset trades
  • Establish and maintain strong working relationships with internal and external stakeholders
  • Manage a trade portfolio across various lines of business while maintaining a clean aging profile
  • Review Loan Market Association (LMA) standard documents and other legal documents including trade confirms, assignment agreements, proceeds letters, participation agreements, cash collateral agreements, multilateral agreements and other non-standard documentation
  • Review credit agreements and other deal documentation, specifically assignability language
  • Identify and escalate issues to the front office trading assistants/traders/salespeople, in-house legal counsel and management, when necessary
  • Prepare weekly reports to track the status of open items and measure risk

Required qualifications, capabilities, and skills

  • Syndicated loan experience
  • Proficiency with Microsoft Office Suite (Excel, Word, and PowerPoint)
  • Excellent oral and written communication skills
  • Excellent analytical and critical thinking skills
  • Ability to take initiative and self-motivate as well as work as part of a team
  • Extensive knowledge of loan-based software (LoanIQ, Clear Par)
  • Extensive experience with LMA standard documentation
  • Extensive knowledge of the LMA Standard Terms & Conditions
  • Extensive knowledge of the trade lifecycle and/or experience supporting a trading business
  • Extensive knowledge with loans, claims, equity, bonds and other non-standard assets

Required skills

Excel

About JPMorgan Chase

LONDON

Headquarters